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20121222
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
. health care costs are going up. obama care is increasing alert . insurers have to take all comers and that will put a strain on it and mandates, consumers may not want them and politicians say you must have them and insurance costs are going up and we the people will be losers. >>> and the hobby lobby face a fine 1. 5 million if they don't do what the government said they have to do via the health care law. >> i was corrected. 1.3 million a day. that is the daily fine they have to pay. >> let's make an important distunction we are not buve for dinner bets. mipemine is open for the anybody who doesn't think they will get exempted. i think it is. they have been giving health care to the employees over in the charity for years. theiro ligation is not health care, but it is a religious problem and it is going to be dealt w. i hope that the corporations in the country will take a lesson and understand the importance of health care to employees instead of cutting hours. >> and emac. hobby lobe just received notice from the court this week that they are not going to get an exception and
you, gerri. gerri: president obama is in washington negotiating a deal to revert the fiscal cliff. the first time and there are 500 billion in tax hikes coming your way. december 31. grover norquist from the president of americans for tax reform are warning that that is only the start of our problem. >> in addition to the bush tax cuts, 500 billion-dollar tax increases, a trillion dollars in obamacare taxes, all the taxes to pay for that free health care we are supposed to get. 90% of the tax increases to pay for obamacare were conveniently postponed until after obama got himself safely reelected. they begin to hit january 1 of this coming year. they are unpleasant. gerri: absolutely unpleasant. it is a disincentive to invest into work. i don't know what people are going to do down the road. now it seems that people are saying it's up to the senate. it's in the senate ballpark now to do something and to get some kind of bill. will they do anything at all? >> all the focus has been on president obama and the house of representatives. the leader, speaker boehner. some of us went to
: thank you. a federal tax credit for wind power producers expires in 2013. the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a
. we know that the obama administration over the course of the term has imposed 400 regulations that impose more than $100 million of costs annually on small businesses. the small business administration has said that there are so many regulatory burdens on small business that it cost them $10,000 per employee. those are the kinds of things that we want to stop right now so we can see more startup and jobs created. >> is one thing to hope for freezing regulations. but i guess we had hoped for "a-team" canaday. if you don't know these regulations, you could be in big trouble. let's say that you stop adding to the regulations. that alone has prompted the obama administration say, well, republicans don't want to protect us. how are you going to answer the predictable criticism that you're not looking out for folks, you are looking out for business interests? >> well, we are. we are saying in health emergey, of course. any sensible policymaker would say you have to be able to address those. but right now, the pendulum has swung so far that it's very difficult to even conceive starti
in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with sete democratic leader harryeid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't kno
america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so, windows narrowing, what can we expect from here? >> if we literally go on autopilot and they fail to change course, i am worried about the economy. some sharp equity market attractions, consumer confidence has already begun, lots and lots of notices sent out, layoffs scaring people to death. this is not a good news story for anybody looking for a job. gerri: the clock keeps on taking. the cover of "the new york post," pretty amusing. off the fiscal cliff, this is really going to hurt. i think everybody can
in for melissa francis. here's what is money tonight. t the last minute panic begin of the president obama is set to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas
places for employee benefits. changing the way it manages 401(k). and if president obama breaks the law with what he calls recess pointments. taking a look at the new case making its way through fedn't f. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownitquiz.com to help recognize the symptoms. then talk with your doctor. it's your adhd. own it. gerri: did president obama brthe gerri: did president obama breaks the law? federal appeals court p isela deciding who th the presidents appointed to national labor board when the president was on recess was unlawful. because senate republicans say o the senate was in session. the case brought on by a company after the nlrb ruled that the company must enter into collective bargaining agreement on c a labor union. the companies ar
you buy her math there? >> susan sounds like president obama, who says he was a hopeless optimist. >> i think that was a compliment. >> and that's what susan sounds like, unfortunately, the numbers don't back up what you say. look, most economists think that consumer spending needs to grow 3% year it year in order to stimulate employment. at the end of the third quarter, we're right about 3%. most people, even in the retail industry, think the fourth quarter is going to be lousy. now, maybe we get this mirror ball spree buying that susan thin we're going to get, i don't think so. if it's less than 3% year to year, which it probably will be. i see a very flat economy, if not unemployment goes back up. >> brenda: okay. jonas, what's your view on spending and what it means to the economy, if we go over the cliff, taxpayers will have less money in their pockets. >> right, which is why it's strange they're spending less than they're supposed to. and right now, never had it so good in the taxes in effect and-- >> for another week. the. >> the problem ty know it's going to get worse. ret
, will there be a plan c or f for failing? peter: president obama expecting to arrive in d.c. tomorrow. white house says they will let us know if there is any update in the talks for congressional leadership. the leader's office is me no news to report. as of now, we are still headed for the cliff. on january 1, the nation faces a $5 trillion tax increase over ten years to the expiration of the bush tax cuts. the lapse of the bush tax cut would mean the top would go to 39.6. tax rates would also go all for lower income earners. the maximum lowest rate going back to 15%. four investors, capital gains rates would revert to 20%. dagen: i will not utter that word. thank you for that. growing pessimism when it comes to the club. some americans say we will get a deal. let's bring in ted kaufman. he is joining us from wilmington tell me what happens if we go over the cliff? >> i have been saying for a while we will go over the cliff. republican members in the house have made it pretty clear they will not vote for tax increases. this has been around for 30 years. the simplest answer to this is what i predicted
until we got the fiscal cliff. president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and fure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays,and congress is out for the holidays. the president saying t
the increase in shelter sales was the presidential election. i need to send a obama a commission check because he has been the best salesman for me. [laughter] once he got elected people said, well, we're thrown in the towel. that's it. the country will slide down here. we're going to go broke and, you know, all bets are off. so he has been, i mean that was literally, i'm dead serious, that was the catalyst made my sales go one a month to one a week, seems like one a day for about two weeks. but typically i do about a shelter a week. neil: you're onto something. they look very cool. they look, very, very cool. >> my website, atlas survival shelters, and they're, i have 14 models, rangg anywhere from 35,000 up to 85,000. to me they're just like a backyard bunker. the listen, if nothing else, put the mother-in-law in the shelter. let her live there. neil: very cooo. we wish you well. let's get through these next few hours. meantime, thank you very, very mmch. >> appreciate being on your show. thank you. neil: back to your movie and your beer. maybe, maybe the mayans were right. they just got it
, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. has t. >> wall street is very concerned. no dou the average folks at home who have been cutting back more inclined to hang onto their wallets. they don't know what will happen. thank you congress. thank you mr. president. >> it is charities' season. makes us feel good to give. that is why there is a concert for storm victims. a bit greedy businesses ted turner did not like that idea. >> there is nothing more to say list. >> good by. >> now there are new ways to give to charity. >> where should you give? tonight. >> what does charity mean to you? the media obsesses what celebrities do and big stars raised more than $30 million for the hurricanes and the victims but this is not charity is most know it but quieter purpose 64% give almost $1,000 to their church the most com
cliff, talks on hold until after christmas and president obama and house speaker john boehner have not spoken since friday. lori: is there any hope for a deal? are you the last man there? >> a staff is here. the staff is in this but all eyes are on the senate when it returns this thursday to try and get a deal to avoid getting off a cliff the past friday before the president left for the holiday, he proposed a limited measure to avoid all of the cliff when speaker john boehner plan b. got scuttled. the president wants to extend the bush tax cuts and avoid some of the deep spending cuts. white house spokesperson says discussions continue between the administration and capitol hill. in july you may recall senate democrats passed an extension of the middle-class tax codes for the year. those folks making less than $250,000 per year at a cost of 157 billion. also passing the alternative minimum tax for $92 billion. mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report. we don't know wh
Search Results 0 to 15 of about 16 (some duplicates have been removed)